Steve Miran, who became
Steve Miran, who became an aide immediately after Trump's inauguration, quipped that it was possible to reach a Mar-a-Lago agreement that was close to the Plaza Agreement, but it became quiet.
However, this became a hot topic on Wall Street again last week. Jim Bianco brought this up, but it was not a radical exchange rate adjustment, but rather the US taking Japan and China and forcing them to swap US government bonds for 100-year zero-coupon bonds.
I don't think it's possible even for Halaebi, not for the U.S. In particular, against China? There is no need to mention a loss that the other party can't receive, and it just leads to speculation that it is in such a hurry. In my opinion, the U.S. has no urgent need at all.
However, looking at what the Trumps are doing, the U.S. seems very urgent. I don't understand the behavior of these authors. They look like adolescent boys with some tremendous dissatisfaction. I can't let this go because I'm so nervous about their policies.